2022 January Reno Hidden Valley Market Update

Hidden Valley median price declined in January, by 18.9% compared to December, but still increased by 7.9% compared to January of '21. It is still considered a sellers' market. Inventory is very low for the time being, with less than half month of inventory, at 0.3.

It's important to know the real estate market as a whole. It is also important to know what each subdivision or neighborhood is like. Which area is right for you and your family, when you are looking to buy or rent?

Hidden Valley is in the east of Reno. This neighborhood has a strong sense of community. Many of its residents participate in the community events held year-around. Though the homes tend to be older, its relative large lot size, great school district, and community feel, Hidden Valley is a great option for families with children.

** Please keep in mind, some of the percentages can be greatly skewed when the size of the market gets smaller. With limited data, numbers can change more drastically in some areas.**

If purchasing home is within consideration, please don't hesitate to reach out so you may make a informed decision. For more detailed and customized information and help, you may click HERE.

On page one, discover how to beat out other buyers to hot new listings and how to receive computerized lists of homes for sale or distress sales, in your desired price range and area, free of charge and without obligation.

Whether you’re buying or selling a home, we’re sure that you have lots of questions.  On page one we invite your questions and explain how to direct them to us so they can be answered in one of the upcoming issues of Market Watch.  This month we’ve selected another popular question that many homesellers ask, “What can I do to my home so that it will sell fast and for top dollar?”.

Don’t forget, you can call us any time at 775-815.81395 for a FREE Quick Over-the-Phone Home Evaluation.  As its name implies, this is a NO cost, NO obligation way of learning what your home can sell for in today’s market. Or, you can click HERE to see what your home is worth.